| NEE latest price $84.0500 (1.5%) ($82.4150 - $85.0300) on Wed. Jan. 20, 2021. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.44% (three month average) |
RSI | 73 |
Latest Price | $84.0500(1.5%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | NEE advances 1.1% a day on average for past five trading days. |
Weekly Trend | NEE advances 4.6% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Growth stock rally for small cap. |
Correlated ETFs | Broad market will support NEE advance at 0% a week (0% probability) SPLV(62%) XLU(56%) ICLN(50%) IFRA(48%) SDY(48%) |
Factors Impacting NEE price | NEE will decline at least -0.72% in a week (0% probabilities). VIXM(-27%) UUP(-18%) TBT(-17%) VXX(-7%) UNG(-2%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.72% (StdDev 1.44%) |
Hourly BBV | 1.8 () |
Intraday Trend | 1.7% |
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